From: Impact of market anomalies on stock exchange: a comparative study of KSE and PSX
KSE | PSX | ||||||
---|---|---|---|---|---|---|---|
Variables | Coefficients | z-statistics | Probability | Variables | Coefficients | z-statistics | Probability |
D1 | 8120.535 | 48.11137 | 0.0000*** | D1 | 79.00206 | 426.6306 | 0.0000*** |
D2 | 8174.623 | 48.47277 | 0.0000*** | D2 | 79.13822 | 487.0593 | 0.0000*** |
D3 | 8180.017 | 48.23690 | 0.0000*** | D3 | 79.15198 | 370.2650 | 0.0000*** |
D4 | 8185.717 | 48.59850 | 0.0000*** | D4 | 79.25223 | 426.2000 | 0.0000*** |
D5 | 8240.789 | 49.00542 | 0.0000*** | D5 | 79.44504 | 401.3138 | 0.0000*** |
R2: 0.641000 | R2: 0.561623 |